Skip to main content

About your Search

20121201
20121231
STATION
FBC 9
CNBC 5
CSPAN 4
CNN 1
CNNW 1
KRON (MyNetworkTV) 1
LANGUAGE
English 22
Search Results 0 to 21 of about 22 (some duplicates have been removed)
. last, but certainly not least, i think you could see the new leadership team in china come more aggressive reform program than people are expecting. >> all right. michael, good to have you. >> thank you so much. >> michael jones of riverfront. >> financials looking to continue their upward momentum from yesterday when both bank of america and citi hit new 52-week highs. independent research analyst meredith whitney has turned bullish on financials, too. whitney citing several factors including her view that banks are more than adequately capitalized. and guys, the weakest position banks from the crisis are now more than adequately capitalized, thus what they earn going forward, whatever that is, will now be theirs to employ with far greater discretion than has been the case in the past. that's the crux of her note. >> it needs to be listened to. i think we make a little bit much of meredith whitney, to be frank. it's been a controversial call on municipal bonds a couple of years ago that has not been proven correct. she might argue with that, but i think that's in the facts. you
't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if this thing suddenly got off the rails. take a listen to mitch mcconnell last night talking about the pace of the negotiations here and the frustration that he's experienced going through all of this over the weekend. take a listen. >> now, i'm concerned about the lack of urgency here. like we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american
obviously focus on is china. in september, they approved infrastructure projects. love the way the stocking is acting the last couple of days. dagen: you are bullish on the global economy. charles: for a while now. connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to be to reach an agreement with the president what we
vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. to keep the factories going. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby entering into recession by cutting, cutting, cutting -- volcker and kissinger initially, and then volcker as the head of the fed had a different idea. we are going to expand our dominance and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of ours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is game over. but if you are the united states of america and you have the rese
on that point, the companies for stocks like tiffany's, what about aptitude in places like china in. >> overall when we see what's happening in china, so many new brands emerged in china, new companies on the luxury good fronts, and you've had the big conglomerates vogue down their rate and new store openings. watch profitability for luxury companies in 2013. >> okay. r.j., break it down. who do you like for next year? >> in addition to costco and amazon, i like some of the late cycle discretionary plays especially when we see the housing market improve, names like william sonoma and home depot, names that did a great job investing in the supply change, a name like american eagle stands out in that regard. those are probably our top picks heading into 2013. >> jay, what would you avoid? >> anything that's a commoditized retailer. you'll get killed by amazon and other low-cost providers, names like best buy, barnes & noble, any of the office guys. i think most of those names are dead in the water right now and definitely names to avoid at this point. >> dana, any names we missed from you? >> i t
deficit to china being $29.8 billion per month. that is just one country. you start to add up all the trade deficit that we have with all of these different trading partners over the years, i am sure that it is close to about $1 trillion per year. >> thank you for the comments. let's go to sarasota next. caller: good afternoon. the way that i look at it, as a 74-year-old professional pharmacist with a minor in economics, the reason i am independent is because republicans and democrats cannot seem to get it together. the biggest problem that we have now is the reason why we cannot do what we are supposed to do for the entire country. one middleman adnan grover norquist. someone who was never even elected. here is a man that has caused all the problems. all of the republicans have signed this pledge, which to me is unconstitutional. without him, we would not be talking today. >> salem, oregon, republican line. you are on the air. caller: good morning. as a college student, and i have listened to every single caller, this is an embarrassing day for our country. i am a first-time job
in high china, hong kong, and singapore. dennis: the myth is, the china, doing knockoff wines, but this is an inside job. your own brethren. >> not mine, but the expensive wine side, it's within the u.s. and europe, and it's guys who are in, you know, really into wine. dennis: prominent dealers? >> current case, fbi is charging a guy, a well-known collector, sold wine in auctions, turns out a lot of the wine may not have been what it was claiming to be. dennis: three bottles here, counterfit bottles, guys, and see if ray points out what makes then counterfeit. a nice 1923. >> yes, a 1923, would be $30,000 at auction. it would sell either way, but look at the symbol, the red dot, they always stamp dark and red. this is much too light. that's an insider thing. dennis: the bottle, the glass -- >> the glass is real. they got a less expensive wipe from the 1920s, 30s, refilled it with different wine, slap the label, and faked the label, and then, you know, tried to sell it for a lot of money. dennis: a couple other pictures comparing counterfeit with the real thing. other general t
pods losing market share. iphones just not doing that well in china. there it is. back in the green. let's take a look at the major market averages. the dow jones industrial average is up. the nasdaq is also in the green, as well as, the s&p 500. daaen: thank you. connell: dan had injured reporting that he will be leaving his post next month. >> the opportunity presented itself. this was the moment to either take this job or not. i think he felt with the senate transitioning into a new year this was the moment to make the move. he took it. connell: it would have been a six year term. this is early. >> it is a reflection of the frustration. i think it probably would have won the election, maybe this would not have happened. now, with what we have seen, with the fiscal cliff, it is virtually impossible. i think that senator demint can do more running the heritage foundation the way she would like to rather than sitting in the senate. dagen: does this also speak to him resigning from the senate, the power of the tea party, perhaps? >> i do not know it is the waning power of the tea party. i
.5%, after looking at the food turns out kfc in asia and china supplied with chicken that contained excessive antibiotics as reporting the administration's sentiment, facing intense competition and forecast sales that were going to be lower, taiwanese chicken, they have been tense competition. here is the part that freaks me out for lack of a better term. eight of 19 baskets of the chicken samples were sent to the testing laboratory in 2010-2011 that contained overly high levels of antibiotics. this was going on for an extensive period. eight of 19 badges, less than half of the badges, that is a good percentage you will get these chickens but too many antibiotics. stuart: that is why stock is down, the china market is the most important market for yum brands. that accounts for the stock rise recently doing well and pulling back because it has a problem with chicken in china. we hear you, thank you very much. the dow jones averages back to a loss, triple digit was down 107 points after john boehner made his presentation half hour ago the dow came from 122 down to 88 down and now back to 105 do
, japan, china, we will get a sneak preview of celebrations being planned as times square gets prepared for 1 million visitors. it is a complete nightmare. [ laughter ] ashley: time now for stocks now as we do every 15 minutes. we are up 51 points. not too bad on this last trading day of the year. >> that is right. the dow has been pretty flat. going back and forth between the red and green. the nasdaq is up 30. same goes for the s&p stock of about nine points. we are also watching a settlement between u.s. regulators and about a dozen banks. sources tell the "new york times" that 14 banks include tank of america, wells fargo and jpmorgan chase. we are taking a look at those stocks. back to you. ashley: diane, thank you very much. well, the question is, is the unthinkable about to become reality for back now, it is up to this man. on the right. vice president joe biden called in to help with the debt negotiations that we think are going nowhere. there are always rumors and whispers in the hallway. let's go to rich for the very latest on the progress. rich: there is progress, ashley. the
safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point. i feel good about apple but we also have to change the tax laws so that to reward companies like apple that do bring their manufacturing here and to punish those who keep exploiting the jobs. >> this is "the bill press show." about global warming. they just want to shut it down and go home. ed is calling from frederick maryland. museum >> bill: good morning. exciting issue. from financial regulation, iran that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. [ music ] >> this is the "full-court press," "the bill press show," live on your radio and on current tv. >> bill: now 33 minutes a
not create any jobs. as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investme
the iphone 5 is selling. great sales in china. i think apple is poised to have a good finish to this year, really well-positioned for next year particularly getting toward the apple tv. i think apple tv will put apple back into everybody's cards. ashley: you still think it is a buy at this price? >> i think you'll have a lot more selling between here and the next couple of weeks because of the capital gains issue. other than that, apple is a great place to be. we are definitely holding. ashley: where do the market go? two scenarios. getting some sort of a deal done, is a market poised to move higher? >> on a fundamental basis a lot of sectors in the market that are very cheap. i think the market will go much higher. again, low volume which is a little bit tricky. ashley: which sectors in particular do you like. >> love energy, industrial, i think all those sectors are poised to do really well. 2013 will be a pivotal year, a lot of things will happen. if any one or two of them are good comi, close to the market r a strong year. ashley: also say the housing employment will improve ss credit
would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in
in china, better economic data out of brazil, improving things in india. looking around and finding not double digit opportunities but single-digit opportunities in what is going to be a tough year fundamentally. dennis: last quick answer, let's say we go over the cliff do stocks tumbled on that? should you buy? >> of course stocks are going to go down. look what happened when they voted down the initial t.a.r.p.. look what happened in the first negotiations. the market will trade down if we go over. is a matter of coming back to the drawing board and coming up with ordinary term solution. if that happens stocks will rebound. dennis: thanks very much. gentlemen. cheryl: apple is in the news today. u.s. patent authorities rejected apple's claims about its hinge to zoom feature, a big setback. you can see the feature on your screen. allows you to use your fingers on the screen to zoom in or out. in august 8th jury ruled samsung had infringed on patents and awarded apple $1 billion in damages. this newest and authority, wipes out at least part of that settlement. will get shares of app
got to be christmas time somewhere? christmas eve? this is from taiwan, china. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed optio
stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodgers from rutgers university professor who is the perfect guest. >> happy holidays. lori: starting with consumer confidence if you look at the psychological impact of the fiscal clift debacle. >> prior to the holidays with a conversation was around wall street and the impasse with the fiscal cliff and today confidence index fell a full six points and fully driven by households and main street being concerned about taxes, unemployment insurance benefits so jobs are not being created so this provides the imperative at a higher level for congress. lori: if you hear the cbo says if we do go over the cliff then gdp will drop half a percenta
'll be right back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lori: research in motion bested by competitors like samsung and apple but could a comeback be on the horizon? today's earnings release could provide a clue. shibani joshi is here to talk about this. >> this is important quarter. calm, not before the storm but big unveiling. blackberry 10 will come out in january. here is what we expect at the close. loss by the company. revenue $2.65 billion. normally we pay so much attention to how many device this is company sells, unfortunately the trend is not this company's friend. device sales down 5% and 25% in the last two quart
be putting pressure on reducing trade barriers in places like china instead of worrying about the value of their currency. we should be fighting on those issues. in terms of america moving ahead, i think if we make these positive changes, like a sound dollar again, simplified tax code the people can understand, and they get more free enterprise and health care were the patient is in charge rather than third parties. unc in much different country very quickly. you go run this country and you feel especially among younger people, there is a lot of entrepreneurial energy wearing to go. if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raise in the tops tax rate will not make a dent in the annual deficit. money gravitates to tax write- offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions,, and you would see a cleaner code, and less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning. the more i liste
is performing very well. they have geek squad. and they have a fast-growing chain in china. so for all its problems, i do believe that schulze believes that there is things that they can do to save the company and not only save it but make it prosperous. >> just before we let you go, do you have any appreciation as to what might be an acceptable offer? i mean, are there figures being bandied around from the other side? >> yeah. we've heard that best buy would be comfortable with $20 a share. now, whether or not they get that or not, i don't know. but i think it's interesting that the buzz is out there that the company would be open to $20 a share. you certainly would have heard that just a few months ago when this whole process started. >> thomas, congratulations on your exclusive. it's good to see you. thomas lee from "the minneapolis star-tribune." thank you. >> thank you. >>> speaker boehner coming out just moments ago saying the president needs to step up in the fiscal cliff negotiations. the democratic leadership is preparing to respond. we will bring you comments from senators harry
be more expensive. >> there are two ways of looking at it. you're using cheap labor in china. you're not going to have that in the united states, and also you're talking about adding infrastructure costs, how that might impact their bottom line remains to be seen, but tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> for now apple isn't saying which computer will be built in the u.s. you can be sure a lot of people will wait to see that. stay tuned. >> a senate bombshell. tea party candidate jim demint catches everyone off guard announcing his return from the senate. my interview with him straight ahead. paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens
Search Results 0 to 21 of about 22 (some duplicates have been removed)